UAE’s Etihad Rail and Borouge signed strategic partnership

  • Date: 01-Dec-2022
  • Source: Saudi Gulf Projects
  • Sector:Real Estate
  • Country:UAE
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UAE’s Etihad Rail and Borouge signed strategic partnership

His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of Etihad Rail, witnessed the signing of the terms sheet for a strategic partnership for sustainable transportation between Etihad Rail, the developer of the UAE Railway Network and Borouge, a leading petrochemical company that provides innovative and differentiated polyolefin solutions, to transport 1.3 million tons of Borouge’s polyolefins annually from its petrochemical complex in Al Ruways Industrial City via rail for export to customers.

His Excellency Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology, Managing Director and CEO of the Abu Dhabi National Oil Company (ADNOC), and Chairman of Borouge; and His Excellency Suhail Mohamed Al Mazrouei, Minister of Energy and Infrastructure, witnessed the signing as well.

The agreement was signed by Eng. Shadi Malak, CEO of Etihad Rail, and Hazeem Sultan Al Suwaidi, CEO of Borouge, in the presence of members of Etihad Rail and Borouge’s Board of Directors.

His Highness Theyab bin Mohamed bin Zayed Al Nahyan said: “This strategic partnership comes in line with Etihad Rail’s efforts to provide logistics solutions to some of the country’s largest companies, where they can transport goods through the rail network at reduced costs and time. In doing so, Etihad